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20121205
20121213
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. >>> both sides in the fiscal cliff negotiations are much closer despite what you might think. on today's state of the union, jackie -- of the times picked up on something. >> he said you know, the republicans really ought to think about just declaring victory by going along with the president and senate democrats and taking the 98% of the tax cuts they agree on for everybody below $250,000 and just work next year on tax reform and see if they can get the top rate down again. it's hard to think that's not going to be where they end up, so why not make it clean instead of ugly. >> i think that it is true that many republicans are saying privately what tom cole said on this show, that they believe the politically expedient and right thing to do now is just to cut their losses, agree to tax rates going up for the most wealthy and really try for significant tax reforms so that 39.6% is going to be moot. >> if nothing is done by the end of the year to avoid the fiscal cliff, automatic federal spending cuts could impact the foot we eat. emily schmidt explains. >> preparing for holidays is a r
$800 billion in tax revenue in the fiscal cliff negotiations. president obama has said there will be no deal unless taxes are raised on the wealthiest americ americans. but staunch conservatives don't want any kind of new taxes. that's where speaker boehner's job gets really tough. on piers morgan tonight newt gingrich said if all else fails, go over the cliff. >> i think that no deal is better than a bad deal. i think going off this cliff is less dangerous than letting things build up for a year or two years to an even bigger cliff. i think that the president clearly has staked out a position of nonseriousness. and i think that it's very difficult for the house republicans right now to find any practical way to get his attention. so, he just won an election. he is feeling very good about himself. he is posturing brilliantly, putting the republicans in a corner. they need to relax. they don't have an election until november 2014. >> senior congressional correspondent dana bash joins me now. dana, can we expect fire woworkt the meeting this morning? >> reporter: possibly
of the fiscal cliff negotiations are much closer than you may think despite what law makes say publicly. jackie calms of the "new york times" picked up on something that lawmaker tim cole said recently. >> the republicans should just declare victory and taking the 98% of the tax cuts that they agree on and work next year on tax reform and see if they can't get the top rate back down again. it's hard to think that that's not where they're going to end up so why not make it clean instead of ugly. >> i think it's true that many people are saying privatery what tom cole said publicly on the show. but they believe that the politically right thing to do right now is to cut that you are losses, let tax rates go up for the most wealthy and really try for significant tax reform so that 39.6% is going to be mute. >> so the good news is that negotiations do continue, there was a meeting today between president obama and house speaker john boehner. that happened at the white house today, we are frying to get more details, we're trying to get our white house chief correspondent jessica yellin on the phone a
no real solution today and that pretty much sums up the fiscal cliff negotiations. i feel like a broken record. here we go again on the countdown. day 26. got another 24 hours closer to the edge of the fiscal cliff which is why we have our eyes on the white house press briefing. got a live picture ready for you so we don't miss anything. for what it's worth, president obama and house speaker boehner are talking. they had a nice telephone conversation. that's terrific. the first time in a week but apparently that's the headline. that's the editorial body. not much came out of it that we know of. sources say no real breakthrough. no formal negotiations. sessions are not scheduled. no back channel discussions taking place that anybody knows about at this time and as we wait for the white house briefing to begin, let's bring in wolf blitzer on this topic. there are a couple of polls that are very telling about how americans feel about congress and the president are behaving when it comes to the fiscal cliff. let me read some of these numbers for you. should obama compromise to get things do
the voter approved referendum into law on wednesday. >>> breaking news. on the fiscal cliff negotiations, president obama, house speaker john boehner, met face to face at the white house today for the first time in more than three weeks. we do not have any details about today's conversations but reps on both sides say the lines of communication remain open. the two men last met on november 16th. also today, another republican senator announced his support for raising tax rates on wealthy americans. tennessee senator bob corker says if the gop agrees to the wealthy tax hike, republicans would be better positioned to negotiate for bigger spending cuts on social security and medicare. >> there is a growing group of folks that are looking at this and realizing that we don't have a lot of cards as it relates to the tax issue before year-end. a lot of people are putting forth a theory and i think it has merit where you give the president the 2% increase that he's talking about, the rate increase on the top 2%. and all of a sudden, the shift goes back to entitlements. and all of a sudden, once
of the fiscal cliff negotiations. the mortgage interest deduction. government spending on this will reach $100 million by 2014, making it the third largest tax break on the books. who does it help? 41 million people. the most recent irs data showed that 41 million people claimed this deduction on their 2010 tax returns. the tax policy center says it tends to benefit upper middle class families the most. these bars show income in the circles the average savings. for those with incomes of less than $40,000 a year, their savings is $91, look at the people who make $250,000 and more. their average savings is about $5500. this benefits people most on both coasts and cities like chicago, with higher property prices, and we watch the fiscal cliff negotiations closely for what could happen next to this tax goody next year. >> here's the question i'm hearing people ask, if we go off the cliff here, how big a hit will we take on taxs? stand by, because i'm about to give you the closest answer i possibly can. to help me with that is laurie montgomery, she is the fiscal policy reporter for the washington
john boehner trying to negotiate a deal to keep the u.s. from going over the so-called fiscal cliff. house republicans meeting right now and we expect to hear from the house speaker at the top of the hour. dana bash, capitol hill, following the negotiations. how many times have i said fiscal cliff over the past couple months, i can't even, if i had a nickel for every time i'd be a wealthy man. >> we'd be able to avert the fiscal cliff. >> exactly, very good, so much more clever and quicker than i am. dana good morning. the president and the house speaker offered new proposals. what do you know about them, if anything? >> reporter: you know, they're being very, very careful, they're holding their cards close to the vest, which i think you know as a reporter is frustrating but as somebody who certainly wants to get, to see this solved, that that is a completely nonpart son thing to say. it maybe is a good sign, because both sides are being very careful not to let the cat out of the bag on some of the specifics because they don't want the process to blow up even before it really starts
's surprise. what role could it play in the fiscal cliff negotiations? >>> major earthquake rattles nerves and shakes buildings in japan in the same area as nearly two years ago. >>> fiscal cliff for air travelers, ground your trip or compromise air safety. >>> be careful what you write on review websites. one woman is being sued for almost $1 million for posting a nasty review online. find out which side the judge is taking. taking. "newsroom" begins right now. -- captions by vitac -- www.vitac.com >>> good morning. thanks for joining us. i'm don lemon in for carol costello this morning. the labor department this morning says 146,000 jobs were added in november and unemployment fell to 7.7%. so, let's put this all in perspective for you just one month earlier. in october, 138,000 jobs were added. so we're going to begin our coverage now with cnn correspondent and first up is christine romans. good morning, christine. >> good morning, don. we give the headline 146,000 jobs created, more than we expected, more than economists had expected, twice what a cnn money survey of economists had exp
than a year. fiscal cliff negotiations, they're really focused on fixing the debt. how can you fix the debt if you can't fix the economy? if you can't fix the jobs situation? >> oh, boy, this is the magic question this is why people like paulfreaking out and going, wait a minute, we go over the fiscal cliff, it is austerity, it is bad for job creation and that could be a problem. the bigger issue i think in the long-term unemployment problem is we never really dealt with it from the beginning of the jobs crisis. so 12 million people out of work, 40% of them, more than six months, that's insane. but we have not had a real program to get those long-term unemployed back to work. and, you know, frankly, i don't see anything happening in the future. as we look at that fiscal cliff, what does that really do? it says government is going to spend less money, less money means less job training, less ways to get the unemployed back to work. that really says that we're probably going to be stuck with an unemployment problem for a long time. >> so avoiding a fiscal cliff doesn't necessarily me
cliff negotiations. one expressed dismay today at the climate of secrecy surrounding the talks. listen if you would to senator jay rockefeller of west virginia. >> i get nervous when two people disappear into a white house room and start making a grand alliance and they think, well, we're going to do this to the rich and that to the poor, so we'll make that a trade-off. and like tom harkin says, that is unmoral. you cannot do it. >> so for now, let's just say no budget deal come the first of the year. you know what happens. income taxes go up, and under terms of the debt agreement reached last year, government spending would slow. this is the so-called fiscal cliff. now, it is clear what higher taxes would do. but what about budget cuts? who would that affect? a lot of folks including several million unemployed workers. watch this story with me from cnn's kyung lah. >> reporter: she doesn't call it a fiscal cliff. what she could be facing at year's end is a financial free fall. >> i don't know. i just wish i wasn't in this situation, but it is what it is. and i can just do what i can.
. >> the president has adopted a deliberate strategy to slow-walk our economy right to the edge of the fiscal cliff. >> reporter: democrat jim manly were top congressional aides for years on opposite sides of many negotiations. >> when you have the negotiations, you have to fill the public space up with images of communications, on what the leaders are standing for. >> reporter: but manly, the democrat, from the president's perspective he says this time is different. >> the president and his team finally came to the result that they can't negotiate with hostage-takers, and learned their lesson from last year. >> the speaker says over and over he is waiting for the president to give him a counter offer, but democrats say they don't expect it to happen until the republicans say they're willing to give at least a little bit on the tax rates for the wealthy. the speaker put out a comment, saying his opposition to raising the rates will not and has not changed. >>> thank you, dana bash. >>> and still ahead, the unique situation, turning them from veterans to citizen leaders in their communities. >>> and
whether you are negotiating a baseball contract or negotiating a solution to this fiscal cliff. we have got to get an agreement that is balanced, that is fair to both sides and i think at the end of the day, both sides will walk away unhappy. that's what a good negotiation does. i am willing to compromise. but we need someone to compromise with. bottom line is bottom line. math has to add up. the republican proposal is based on old washington equation that two plus two equals whatever you want it to be. that's not how it works. even in washington two plus two has to equal four and we need to get to a resolution that reduces the deficit by about $4 trillion and we can do it in a fair and balanced and bold way. >> congressman israel, thank you so much for joining us this morning. >> thanks, carol. >>> all right. just into cnn, we have confirmed senator jim demint will step down as of december 31st. he's from south carolina. leading member of the tea party. he'll take over the head of the heritage foundation. cnn's dana bash live on capitol hill with more. why did senator demint decide to
's really negotiating anything? you have the fiscal cliff, and you have all kinds of gridlock in washington. what do you make of what you see? >> it is very strange. i mean, it could be that somebody should sit down and rewrite the way america runs things, because, you know, while america did this, china moves forward rapidly. other countries are more decisive move forward rapidly. so i think on the fiscal cliff it will get sorted. it would be nice if there could be a bit more decisive leadership. if you run a company, you don't have this -- this horrible problem where you can't make decisions. you can get on and say if i want to get into space, i'll go into space. let's get on and invest in it. if i want to go down to the bottom of the oceans, let's build a submarine that goes to the bottom of oceans. it's a lot easier than running a country. >> do you blame any particular side? is it all the same to you? >> look, i think i'm slightly biased one way more than the other, but i'm not going to push out 50% of the people watching your program right now. all right. i think that as far as things
the president and speaker boehner met at the white house to discuss efforts to resolve the fiscal cliff. we're not reading out details of the conversation, but the lines of communication remain open. cnn's dan lothian is at the white house this morning. dan, i guess the fact that the lines of communication are open is a good sign. >> reporter: that's right. it is a good sign. it was just about a week ago that we were reporting about how nothing was going on, not in public and not in private. aides up on the hill, republican aides telling us there were no phone calls, no e-mails, no communication whatsoever. so this is encouraging in that the president sat down face to face with speaker boehner, but i think it's telling that both the speaker's office and white house put out these identical statements. i mean, what it shows here is that they've agreed to negotiate in private. there's a strategy here not to make this play out in public but rather happen behind closed doors so they can hash this out, hammer this out. it's unclear whether this will continue at that level. i did communicate with
the fiscal cliff which would mean tax hikes for almost all americans but also severe cuts as well. they are debating that publicly as well as privately. i want to talk more about the rebel group that we had mention before in syria, that is now designated a new terrorist organization, cnn's hala gorani joining us atlanta. hala, first of all, you've got the syrian rebels, they're there fighting al assad's government. now the u.s. government, state department, steps in and says, a small faction of this group is considered a terrorist organization. what does that mean on the ground in syria for the rebel forces? >> well, it's hard to tell if it's going to mean anything, really. because what we're hearing now, uniformly from rebel groups on the ground after the designation by the united states of the nusra front as a foreign terrorist organization, look you can't not arm us, not finance us, and at the same time tell us not to rely on the best sort of armed and financed subgroup in the anti-assad fight. so rebel groups are saying you're putting us in a difficult position. they're having
, the "national review" is reporting that if the fiscal cliff talks go sour, that john boehner might have a challenge for his speaker post. do you agree with that? >> i think speaker boehner is extremely strong in his position. he's been very, very smart, including the republican leadership, in his negotiations. while it's just him and president obama, he has them inside the room before he goes and meets with the president, he talks to them and they reflect the views of the entire conference. the key here with the entire deal is that the devil is in the details. once these details come out, it's going to take arm-twisting by both sides. it's going to take calls from the president and democrats. it's going to take the speaker to make sure republican conference members are falling into line and that's where we're going to see, when the rubber meets the road, if this deal can get done. remember, you know, health care reform by the president passed on december 24th. so we do have a president there just going right up to christmas. and if it doesn't happen at christmastime, they'll be coming b
on one. keep in mind they're the ones trying to do the deal here to avert this fiscal cliff. the tax hikes, the spending cutting scheduled for the first of the week now. join ming me from washington is senator olympia snowe. are you hearing -- what might you be hearing between the president and spirit? >> i think it is optimistic in the sense that at least they have met once again because i think that that is going to be crucial and central to any resolution, to the fiscal cliff crisis. and the more they meet and more that they have these lines of communications opened on a daily basis and their staffs are meeting, the more likely we'll see a conclusion to this issue. but it is regrettable that it is this late in the day, given the uncertainty and the apprehension that it continues to create among the american people, and, of course, both within the markets here and abroad. but i think it is hopeful that they have begun to meet and have some discussions because i think we can breathe a sigh of relief that the lines of communication are open. >> are you breathing that sigh of relief?
this discussion, the closer our economy gets to the fiscal cliff and the more american jobs are lacplaced in jeopardy. >> well, they talk and we all listen and then we decide who we appreciate more. it's in the form of a poll who is handling these negotiations better. the latest abc news "washington post" poll says 49% of americans think president obama is doing a better job of all of this, while only 25% say they approve of speaker boehner's efforts. those aren't the numbers you want to see if you're the speaker right now. our senior congressional correspondent dana bash has been working her sources throughout the morning, joining me live now from washington. one of the things i see, dana, that's so frustrating, is we get a lot of rhetoric on television and we hear later about secret conversations. i just wonder how much rhetoric is going on behind closed doors or if they're really getting closer. >> reporter: well, you just mentioned there was a monphone l between the speaker and the president, and by all accounts, it really did not go well. i'm learning new information about why that m
Search Results 0 to 24 of about 25 (some duplicates have been removed)